Simple trend and range determination with Bollinger bands
The indicators commonly used in FX technical analysis
There is a simple criterion for judging trends and ranges using Bollinger Bands
That is to use the bands
If it’s horizontal, it’s a ranging market; if it’s inclined, it’s a trending market
That’s how it is used
I think some people may find it hard to understand when actually using it
The bands may be moving too much, right?
In such cases, it’s good to look at the next candlestick
Also, besides Bollinger Bands, you should pay attention to the main chart
Carefully observe the high and low of the main candles and ultimately make a judgment
By adding the main candles to the Bollinger Bands, you can make a more accurate assessment
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